Comments:
The Rupee remained firm against the US Dollar this week and showed no
rise and fall throughout the week. The demand of the currency remained
bleak while the easy supply of the Greenback made it possible for the
Rupee to cover up the existing one. During the whole week, the Rupee
stood firm at Rs.58.95 and showed no major or minor change in most of
the sessions..

Comments:
The Rupee showed a mix trend against the Pound this week. In the open
market, the Rupee and Pound remained firm against each other and
throughout the week, significant rise and fall was not recorded mainly
due to elections except the routine fluctuations.

RUPEE/POUND STERLING

This Week

Last Week

% Change

Last Year

% Change

92.20

92.45

-.2704

91.45

.8201

Comments:
In the kerb, no major change in the price of Euro and was recorded
this week too and the Rupee moved both ways against the currencies
on the desks. The Rupee lost grounds in the opening sessions of the
week against Euro but was able to recover the same towards the end.
The gains of the Euro remained under submissive holds and the Rupee
ended the week firmly against the currency.

RUPEE/DEUTSCHE
MARK

This Week

Last Week

% Change

Last Year

% Change

29.60

29.30

1.0238

29.45

.5093

Comments:
In
the open market no major change in the price of the Rupee against
Yen was recorded throughout the week. The currency stood motionless
in most of the sessions for the reason that no big demand came in
the market due to slow trading activities from the buyers. On the
other hand, the weakness of Yen in the international market against
its major rivals also supported the Rupee.